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Delaware M&A Quarterly

USA - October 3 2019 Termination Fee Not Buyer’s Exclusive Remedy for Breach of No-Solicitation Provision Recently in Genuine Parts Company v. Essendant Inc., the…

Matthew W. Abbott, Scott A. Barshay, Ariel J. Deckelbaum, Ross A. Fieldston, Andrew G. Gordon, Jaren Janghorbani, Jeffrey D. Marell, Taurie M. Zeitzer

Delaware Court of Chancery Declines to Dismiss Claims against Conflicted CEO

USA - December 14 2018 Recently in In re Xura, Inc. Stockholder Litigation, the Delaware Court of Chancery denied a motion to dismiss fiduciary duty claims against the CEO…

Matthew W. Abbott, Scott A. Barshay, Ariel J. Deckelbaum, Ross A. Fieldston, Justin G. Hamill, Stephen P. Lamb, Jeffrey D. Marell, Frances F. Mi, Taurie M. Zeitzer

Delaware M&A Quarterly: Delaware Supreme Court Affirms Landmark MAE Findings

USA - January 9 2019 The Delaware Supreme Court, sitting en banc, unanimously affirmed the Court of Chancery’s opinion in Akorn, Inc. v. Fresenius Kabi AG holding that…

Matthew W. Abbott, Scott A. Barshay, Ariel J. Deckelbaum, Ross A. Fieldston, Cara M. Grisin, Justin G. Hamill, Jeffrey D. Marell, Frances F. Mi, Taurie M. Zeitzer

Delaware M&A Quarterly

USA - January 7 2020 Courts Continue Focus on Board-Level Compliance Oversight Following decisions earlier this year in Marchand v. Barnhill (discussed here) and Rojas v…

Matthew W. Abbott, Scott A. Barshay, Ariel J. Deckelbaum, Ross A. Fieldston, Andrew G. Gordon, Jaren Janghorbani, Jeffrey D. Marell, Taurie M. Zeitzer

Delaware Court’s Injunction of “Extreme” Poison Pill Unlikely to Affect Typical Market Practice

USA - February 28 2021 In The Williams Companies Stockholder Litigation, the Delaware Court of Chancery enjoined a shareholder rights plan adopted by The Williams Companies…

Scott A. Barshay, Rachael G. Coffey, Jaren Janghorbani, Frances F. Mi, Jason S. Tyler, Krishna Veeraraghavan, Steven J. Williams